Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Assen Vassilev: No VAT cut on energy bills is being discussed

Assen Vassilev
Photo: BGNES-archive

The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.

In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The average gross annual salary in Bulgaria in 2023 is EUR 12,519

The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from the National Statistical Institute. The highest wages are earned by those working in "Creation and..

published on 11/29/24 5:52 PM
Kiril Petkov

PP-DB will vote for Speaker of the Parliament after a signature under their declaration

PP-DB will not support a candidate for Speaker of the 51st Parliament from any party that has not supported the coalition's declaration for a cordon sanitaire against Delyan Peevski. They pointed out that this was the only way to..

published on 11/29/24 4:22 PM

Trial of Bulgarians accused for spying for Russia continues in London

The trial of six Bulgarians accused of spying for Russia continues in the United Kingdom. The head of the "spy cell" Orlin Rusev and Biser Dzhambazov pleaded guilty. Three others - Katrin Ivanova, Vanya Gaberova and Tihomir..

published on 11/29/24 3:40 PM